Trump's tariffs could set U.S. tech industry back a decade as China takes lead, says Dan Ives
- President Trump implemented tariffs impacting goods from China, Taiwan and Vietnam.
- These tariffs stemmed from trade policies and a desire to shift manufacturing.
- Tariffs ranged from 32% to 54% and affected tech supply chains and trade.
- Analyst Dan Ives stated the levies could close a 'shut-off valve' for the U.S. Tech industry.
- Ives believes the tariffs could depress tech earnings and slow the AI revolution.
8 Articles
8 Articles
Lai meets with ICT industry representatives amid U.S. tariff shock - Focus Taiwan
Taipei, April 5 (CNA) President Lai Ching-te (賴清德) on Saturday met with representatives from the information and communications technology (ICT) industry which will soon face heavy tariffs on products exported to the U.S.
Tariffs will bring higher gadget prices and 'dark days' for tech, analysts say
Trump’s widespread tariffs will “cause an economic Armageddon” that could “take the U.S. tech industry back a decade” while “China steamrolls ahead,” according to Wedbush analyst Dan Ives.Read more...
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